Leading Personal Injury Firm Moving to 14,219-Square-Foot Suite in May
March 27, 2025
PHOENIX – Transwestern Real Estate Services (TRS) announces that it represented Chesnut Properties, LLC in a 14,219-square-foot lease with Accident Law Group at Papago Gateway Center, 350 W. Washington St, Tempe, Arizona. Transwestern Managing Director Mark Stratz represented Chesnut Properties, while Accident Law Group was represented by the Managing Partner of Everyday Investment Realty (EIR), a full-service real estate service company, Brett C. Angner.
Accident Law Group, a leading personal injury law firm with offices in Arizona and New Mexico, will occupy a suite on the second floor, with move-in scheduled for May 2025. ALG is relocating from its current East Valley location at 2141 E. Broadway Road in Tempe, which will enable to firm to better serve its many clients. “As ALG continues to grow we felt imperative to move to a more central location for our corporate headquarters while focusing on a high-profile building that fits on brand,” said Joseph Brown, Founding Partner, Accident Law Group. “Mark Stratz and the Chesnut team were a pleasure to work with and they went out of their way to make a fair deal with ALG.”
“We are pleased to welcome Accident Law Group as our newest tenant,” said Lee Chesnut, CEO, Chesnut Properties. “Papago Gateway Center provides the firm with excellent visibility with its proximity to the Loop 202 Freeway. The building’s distinctive architecture and range of amenities make it attractive to tenants in a variety of market sectors.”
Papago Gateway Center consists of 245,000 square feet of Class A office and laboratory space on seven floors. The building features a fully amenitized fitness center, on-property access to the Valley Metro Rail, and extensive outdoor space, with beautiful landscaping and water elements. The LEED (Leadership in Energy and Environmental Design) certified asset was designed in a manner that respects the environment, the health of its tenants, and is highly efficient in its operations and design. For example, the building’s southside façade features an automated louvered shade system that opens and closes as the sun moves from east to west, helping to keep the building interior cool, significantly reducing the energy costs.
“Accident Law Group has chosen an excellent location for its Phoenix headquarters,” said Stratz. “Chesnut Properties took a very creative approach to negotiating this transaction, which helped facilitate a fast turnaround. Start to finish, the deal was completed in just 44 days. Joe Brown of ALG and Brett Angner of EIR were fair, honest and responsive during negotiations, which helped make the deal happen.”
According to Transwestern research, the Tempe office market had an inventory of 18.6 million square feet, with a direct vacancy rate of 17.8%, as of the close of Q4 2024.
About Chesnut Properties, LLC
Over the past 31 years, Chesnut Properties has developed and owned over 1,000,000 million square feet of Office, Life Science and Industrial space. During that time, Chesnut Properties has proven our ability to survive and thrive during some of the biggest economic challenges in U.S. history.
As we look toward the next 50 years, we know the biggest challenges ahead of us are the climate crisis and the continued threat of a global pandemic. That knowledge drives us to lead in the development and delivery of healthy, sustainable, Net Zero Energy buildings. We’re not your typical real estate developer. We care about a lot more than profit and loss. Our values drive all of our decisions, and those values include making sure people are treated with care, concern, and support, and that we consider the environment and health in everything we do. To learn more, please visit: www.chesnutproperties.com.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners, and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Four dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern.
Media Contact:
Dan Foley
508.272.0017
dan.foley@transwestern.com
twmediarelations@transwestern.com
